AZ

Natural gas prices drop 3% in Europe

During today's auctions, the price of 1,000 cubic meters of gas in Europe fell below $345, APA-Economics reports.

On January 5, the price of January futures on the TTF (Title Transfer Facility of the Netherlands, the most liquid virtual sales center in Europe) index was $341.2, which is 3% less than the previous calculation price ($351.8).

Note that the transportation of Azerbaijani gas to Europe through the Trans-Adriatic Pipeline (TAP) began on December 31, 2020.

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